TREE NEWS update: CoinDCX has acknowledged wallet-sweeping losses after previously denying a new breach, saying affected deposits have been credited back to users. The Indian exchange did not disclose the size of its losses. The incident follows a prior breach that CoinDCX had denied, and the exchange has not said how much was drained or which wallets were affected.
CoinDCX Confirms Wallet-Sweeping Losses, Says Affected Deposits Credited
The reversal matters more than the loss itself: CoinDCX first denied a breach, then confirmed wallet-sweeping losses, and still has not disclosed the size or scope. That gap leaves users and counterparties unable to judge whether credited deposits reflect a contained incident or a broader exposure, and it puts pressure on the exchange's disclosure credibility after a prior denied breach. The open question is whether CoinDCX provides loss figures and wallet details, and whether Indian exchange users and regulators treat the silence as a governance issue rather than a one-off operational hiccup.
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